# How do you structure a 95% LTV refinance for a buyout?

> Technically, this is structured as a 'Purchase' from one spouse to another, which is why it qualifies for 95% LTV (insured) instead of the 80% (conventional) refinance cap.

Category: Legal
Last verified: 2026-02-18
Source: https://ratellow.com/faqs/legal/how-do-you-structure-a-95-ltv-refinance-for-a-buyout

## Answer
### Strategic Proof

- Max LTV: 95% of current appraised value.
- Insurer: CMHC, Sagen, and Canada Guaranty all have specific 'Spousal Buyout' protocols.
- Payoff: The funds must pay off the existing mortgage + the equity share to the departing spouse.

## Related guide
- https://ratellow.com/guides/spousal-buyout-program